BUZZ-SLB rises on Q4 profit beat, dividend raise

Updates

Shares of oilfield services firm SLB SLB.N up 7.3% at $44.09

Co beats Q4 profit estimates as it benefited from higher demand for its drilling equipment and technology in North America and international markets

Quarterly adj. profit of 92 cents per share vs ests. of 90 cents per share - data compiled by LSEG

Increases quarterly dividend by 3.6%

Shares were down 26% in 2024

(Reporting by Tanay Dhumal in Bengaluru)

((Tanay.Dhumal@thomsonreuters.com;
Twitter: https://twitter.com/TanayDhumal))